Those wishing to bid on Moose Jaw and Assiniboia’s SLGA Retail. Inc store permits can do so starting on Tuesday, through until Feb. 16, as the auction has begun.
This comes after the province announced last October, its plans to exit the retail market and sell all 34 locations across the province.
The auctions are for the liquor permits only, and not for the buildings, fixtures, or inventory, as those are no included. The winning bidder must also meet all terms associated with holding a retail store permit.
Auctions will be held on https://mcdougallauction.com/new in real-time.
Interested bidders must pre-register and pay a $5,000 deposit to participate. The deposit will be refunded if the bid is not successful. The successful bidder must also pay a bidder’s premium (auction fee) (15 per cent to maximum of $750), permit application fee ($525) and annual permit fee ($525 city/$263 town/$158 village).
Following the auction for the liquor wrapping up, separate auctions will be held for communities that qualify for an additional permit under SLGA's population matrix, if someone has expressed interest in the permit.
The remaining 34 locations started closing in January and the province says the transition will be completed by the end of March 2023.